Ecuador vs Iceland: Total factor productivity
Ecuador
1.04
in 2023
Iceland
1.04
in 2023
Ecuador rank
17th
Iceland rank
14th
Total factor productivity over time
- Ecuador
- Iceland
How they compare
Iceland currently reports 1.04 against 1.04 in Ecuador, a difference of 0.
The two have swapped places 9 times across 70 shared years of data; in 1954 it was Ecuador ahead.
Ecuador ranks 17th and Iceland ranks 14th of 120 countries.
Ecuador has averaged higher in every one of the 8 decades both report.
Head to head by decade
| Decade | Ecuador | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 0.7173 | 0.5353 | 0.182 | Ecuador |
| 1960s | 0.738 | 0.6065 | 0.1315 | Ecuador |
| 1970s | 0.8493 | 0.7311 | 0.1182 | Ecuador |
| 1980s | 0.8492 | 0.8228 | 0.0265 | Ecuador |
| 1990s | 0.8332 | 0.8203 | 0.0129 | Ecuador |
| 2000s | 0.9026 | 0.8864 | 0.0162 | Ecuador |
| 2010s | 1.02 | 0.9617 | 0.0629 | Ecuador |
| 2020s | 1.02 | 1.01 | 0.0139 | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total factor productivity, Ecuador or Iceland?
- Iceland, at 1.04 against 1.04 in Ecuador as of 2023.
- What is the difference in total factor productivity between Ecuador and Iceland?
- 0, with Iceland ahead.
- How many years of comparable data are there for Ecuador and Iceland?
- 70 years are reported by both, from 1954 to 2023.
- How do Ecuador and Iceland rank globally for total factor productivity?
- Ecuador ranks 17th and Iceland ranks 14th of 120 countries.
- Where does this data come from?
- Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Total factor productivity. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This is the level of total factor productivity, relative to each country's value in 2021 (which is set to 1). This data is adjusted for inflation and differences in living costs between countries.